This blog provides a comprehensive guide to the taxation of Virtual Digital Assets (VDAs) and cryptocurrencies in India for the Financial Year 2025-26. It details the prevailing rules, including the flat 30% tax on all profits, the stringent policy of no loss set-off or carry forward, and the mandatory 1% TDS on transactions. The article also covers the tax implications for gifts, airdrops, and staking, along with the mandatory ITR filing requirements, to help Indian investors and traders navigate the tax landscape and ensure full compliance.